Coinbase CEO Brian Armstrong tweeted: “Coinbase will shut down staking and maintain network integrity if regulators require the platform to review its validators at the Ethereum protocol level.”
This was in response to an earlier question from Lefteris Karapetsas, founder of open-source crypto analytics app Rotki, to Coinbase and other major ETH staking platforms.
Armstrong said that to look at the big picture, there may be a better option to file a legal challenge, which could also help achieve a better outcome.